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Financialisation, globalisation, and the industrial labour share: A comparison between Iran and Thailand

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  • Giorgos Gouzoulis

Abstract

This paper examines Iran and Thailand and shows that the distributional consequences of financialisation and globalisation do not depend exclusively on the extent of financial deepening and exposure to globalisation. Instead, the cultural and legal underpinnings of the creditor–debtor relationship and the form of global integration matter more.

Suggested Citation

  • Giorgos Gouzoulis, 2022. "Financialisation, globalisation, and the industrial labour share: A comparison between Iran and Thailand," Industrial Relations Journal, Wiley Blackwell, vol. 53(1), pages 35-52, January.
    • Handle: RePEc:bla:indrel:v:53:y:2022:i:1:p:35-52
    DOI: 10.1111/irj.12353
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    References listed on IDEAS

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    Cited by:

    1. Giorgos Gouzoulis, 2023. "What do indebted employees do? Financialisation and the decline of industrial action," Industrial Relations Journal, Wiley Blackwell, vol. 54(1), pages 71-94, January.
    2. Muhammed Ashiq Villanthenkodath & Shreya Pal & Mantu Kumar Mahalik, 2024. "Income Inequality in Globalization Context: Evidence from Global Data," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 3872-3902, March.
    3. Giorgos Gouzoulis & Panagiotis (Takis) Iliopoulos & Giorgos Galanis, 2023. "Financialization and the rise of atypical work," British Journal of Industrial Relations, London School of Economics, vol. 61(1), pages 24-45, March.

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